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The Outsiders
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The Outsiders: Economic Reform and Informal Labour in a Developing Economy

Sugata Marjit and Saibal Kar

Abstract

The informal economy has emerged as one of the most dynamic, active, and hotly-debated domains in the entire developing world. Unfortunately, it remains one of the least treated subjects in mainstream economic theory and development economics. This book provides a detailed theoretical overview and analytical understanding of informal labour markets in the context of economic reforms. Grounded in the neo-classical general equilibrium framework, it analyses the impact of deregulatory policies on the welfare of informal workers in a segmented labour market. Using empirical data and case studies, ... More

Keywords: informal economy, segmented labour markets, economic reforms, deregulation, general equilibrium models, Heckscher-Ohlin Framework, informal workers, informal wages, international trade, productivity, unemployment, welfare

Bibliographic Information

Print publication date: 2011 Print ISBN-13: 9780198071495
Published to Oxford Scholarship Online: September 2012 DOI:10.1093/acprof:oso/9780198071495.001.0001

Authors

Affiliations are at time of print publication.

Sugata Marjit, author

Saibal Kar, author

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